Banks help FTSE 100 open steadily

Monday 25th January 2010

The FTSE 100 opened slightly up at the start of the week with the banking sector registering significant gains.

At 09:38 GMT the London index stood at 5,310.64, up 7.65 points, or 0.14 per cent.

Leading the gains was Standard Chartered, rising 3.43 per cent to 1,477p.

Also performing strongly were Barclays, up 1.75 per cent, and the Royal Bank of Scotland Group, up 1.7 per cent.

The biggest loser in early trading was Aggreko, which fell 1.91 per cent to 873.4p.

British Airways also fell 1.49 per cent to 204.8p. ADNFCR-1783-ID-19574801-ADNFCR

Related News

British public 'don't trust banking sector' - 25/01/10
The British public still do not trust the banking sector in the wake of the global financial crisis, research has found

FTSE dips slightly before weekend away - 22/01/10
The aftershocks of Barack Obama's banking reforms failed to dent the FTSE 100 too badly on Friday as it closed slightly down

Fraud costing Britain £30bn every year - 22/01/10
It has been revealed that fraud in Britain costs the country over £30 billion a year, which equates to £621 for each adult

Christmas retail sales a 'disappointment' - 22/01/10
The retail sales volumes over Christmas were a "disappointment" according to analysts, as figures failed to show a significant rise

FTSE flat as market reacts to Obama plans - 22/01/10
Despite the Dow Jones and the Nikkei seeing shares tumble on the back of Barack Obama's banking reform announcement, the FTSE 100 remained flat in early trading on Friday

<< Back To News Listings

News Article Search

Quick Apply